B2Gold Corp. (TSE:BTO) Plans Quarterly Dividend of $0.05

B2Gold Corp. (TSE:BTO) (NYSE:BTG) declared a quarterly dividend on Monday, December 2nd,Zacks Dividends reports. Stockholders of record on Thursday, December 12th will be given a dividend of 0.054 per share on Thursday, December 12th. This represents a $0.22 annualized dividend and a dividend yield of 5.29%. The ex-dividend date of this dividend is Monday, December 2nd.

B2Gold Stock Performance

Shares of B2Gold stock opened at C$4.08 on Friday. The business’s fifty day simple moving average is C$4.29 and its 200 day simple moving average is C$3.99. The company has a current ratio of 2.93, a quick ratio of 3.33 and a debt-to-equity ratio of 1.05. B2Gold has a 12 month low of C$3.18 and a 12 month high of C$4.84. The firm has a market capitalization of C$5.34 billion, a P/E ratio of -24.00, a price-to-earnings-growth ratio of -0.27 and a beta of 1.23.

Insiders Place Their Bets

In other B2Gold news, Senior Officer Ninette Krohnert sold 16,175 shares of the firm’s stock in a transaction on Wednesday, October 9th. The shares were sold at an average price of C$4.11, for a total value of C$66,479.25. Also, Director Clive Thomas Johnson bought 70,000 shares of the firm’s stock in a transaction on Friday, October 4th. The stock was acquired at an average price of C$4.29 per share, for a total transaction of C$300,300.00. Insiders have sold a total of 97,755 shares of company stock worth $423,329 over the last 90 days. Corporate insiders own 0.66% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on BTO shares. Cormark lifted their target price on B2Gold from C$4.25 to C$5.25 in a research note on Monday, September 23rd. Canaccord Genuity Group dropped their target price on shares of B2Gold from C$7.50 to C$7.00 and set a “buy” rating on the stock in a research note on Tuesday, August 13th. Stifel Nicolaus increased their target price on shares of B2Gold from C$6.00 to C$6.50 in a research report on Monday, October 21st. CIBC set a C$3.30 price target on shares of B2Gold and gave the stock an “outperform” rating in a report on Wednesday, August 14th. Finally, Scotiabank lowered B2Gold from an “outperform” rating to a “sector perform” rating in a report on Friday, August 9th. Three equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. According to MarketBeat.com, B2Gold currently has an average rating of “Moderate Buy” and a consensus target price of C$5.66.

About B2Gold

B2Gold Corp. operates as a gold producer company. It operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. The company also has an 100% interest in the Gramalote gold project in Colombia; 24% interest in the Calibre Mining Corp.; and approximately 19% interest in BeMetals Corp.